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Google acquires Cloud storage firm Elastifile
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IANS | 10 Jul, 2019
Aiming to ramp up its Cloud business against marker leaders Amazon Web
Services (AWS) and Microsoft, Google Cloud's CEO Thomas Kurian has
announced the acquisition of Elastifile, a provider of scalable
enterprise storage for the Cloud, for an undisclosed sum.
The acquisition of Elastifile is expected to be completed later this year.
This is the second acquisition under Kurian who quit Oracle and joined Google Cloud as its head in November last year.
Last month, Google announced plans to acquire data analytics company Looker for $2.6 billion.
"Elastifile
is a pioneer in solving the challenges associated with file storage for
enterprise-grade applications running at scale in the cloud," Kurian
said in a statement on Tuesday.
They've built a unique
software-defined approach to managed Network Attached Storage (NAS),
enabling organizations to scale performance or capacity without
cumbersome overhead.
File storage is fundamental to enterprise
infrastructure and a priority for customers looking to accelerate their
digital transformation.
Elastifile was founded in 2013 and is headquartered in the Israeli coastal city of Herzliya and in Santa Clara, California.
So
far, the company has raised a total of $75 million from funds and
investors, including Chinese giants Huawei and Lenovo, as well as
Samsung, Cisco and Dell.
According to Kurian, the combination of
Elastifile and Google Cloud will support bringing traditional workloads
into Google Cloud Platform (GCP) faster and simplify the management and
scaling of data and compute intensive workloads.
"We believe this
combination will empower businesses to build industry-specific, high
performance applications that need petabyte-scale file storage more
quickly and easily. This is critical for industries like media and
entertainment," said Kurian.
The amount of the acquisition was
not reported by the two companies, but it was estimated in the Israeli
media at around $200 million.
"We're excited to join Google for
the next part of our journey. File storage is essential to enterprise
cloud adoption and, together with Google, we are well-positioned to
serve those needs," said Erwan Menard, CEO at Elastifile.
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